At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
Bankruptcy is often seen as the end of the financial road, but it can actually mark the beginning of a more stable and manageable future. While it does affect your credit, bankruptcy also clears the path to start over. With discipline and a clear strategy, you can...
Filing for bankruptcy is a major decision for some people. They realize that they can’t handle making payments on their debts while keeping up with their basic life necessities. One of the questions people who file for bankruptcy often ask pertains to rebuilding their...
For many people, Chapter 13 bankruptcy represents a lifeline – a chance to regain control of finances while keeping treasured assets. It allows you to repay debts over time (3 to 5 years) through a court-approved plan. This makes it an attractive choice for those...
People struggling with credit card debt may look for a variety of different solutions. Those with high balances on some of their accounts might receive offers for balance transfers. Some people even open new lines of credit because a company has an attractive balance...
Bankruptcy is often discussed in hushed tones or with a sense of dread -- because a lot of people see it as a sign of failure. It's not. Bankruptcy can happen to anybody -- even the wealthy and famous. The anxiety many people feel surrounding bankruptcy is really...
Being contacted by creditors is a stressful experience for most people, so trying to get them to stop is often a priority. The situation is even worse for someone who doesn’t have the ability to pay anything on those debts and recognizes that they likely can’t pay...
You've probably heard different bankruptcy terms, but if you're like most people, you've probably never considered there could be various types of bankruptcy. However, if you're feeling overwhelmed by debt and monthly payments, then bankruptcy may seem like a very...
If you feel like you're drowning in debt, seeing a commercial for a debt relief program can seem like a lifesaver. All you need to do is call the number on the TV, and they will put you on the yellow brick road to financial freedom. But before you hit the dial on your...
Those facing a potential foreclosure are often searching for any options they have to keep their house. The first thing to note is that you do have time to consider your choices. The foreclosure process takes months, and your lender likely won’t begin it until you’ve...
When people file for personal bankruptcy, they are often in dire need of immediate financial relief. They may have just received service for a pending creditor lawsuit or may be at risk of losing a financed vehicle to creditor collection attempts. Many people...